MCQ Bank
What is the most complex form of organizational structure?
- A) Divisional
- B) Functional
- C) Matrix
- D) Strategic business unit
Which of the following is a deliberate plan of action, guidelines, methods, procedures to guide decisions and achieve rational outcome?
- A) Policies
- B) Strategies
- C) Annual objectives
- D) Goals
Most likely, what was the cash cow in the past?
- A) Dog
- B) Failure
- C) Star
- D) Question mark
If ‘Rafhan Foods’ launches a new brand of shoes, what will this strategy be called?
- A) Divestiture
- B) Conglomerate Diversification
- C) Retrenchment
- D) Concentric Diversification
Firms in quadrant-IV of grand strategy matrix have which of the following characteristics?
- A) Slow market growth and strong competitive position
- B) Rapid market growth and weak competitive position
- C) Slow market growth and weak competitive position
- D) Rapid market growth and strong competitive position
“Sets of strategies can be examined sequentially or simultaneously” is one of the positive features of which one of the following matrix?
- A) QSPM
- B) GS Matrix
- C) SPACE Matrix
- D) BCG
In BCG matrix, identify the right quadrant for “Dogs”.
- A) Quadrant I
- B) Quadrant IV
- C) Quadrant III
- D) Quadrant II
Which stage of the strategy-formulation framework focuses on generating feasible alternative strategies?
- A) Output
- B) Input
- C) Decision
- D) Matching
Which of the following are the two external dimensions to be considered in SPACE Matrix?
- A) Industrial strength and competitive advantage
- B) Industrial strength and Financial strength
- C) Environmental stability and competitive advantage
- D) Environmental stability and industrial strength
All of the following would be considered as weaknesses to a business EXCEPT:
- A) Limited industry expertise
- B) Brand name
- C) Maturing markets
- D) Limited financial resources
Unilever has sold out its food business (Dalda ghee/oil) is an example of?
- A) Liquidation
- B) Divestiture
- C) Retrenchment
- D) None of the given options
Which stage of the "Strategy Formulation Framework" includes an External Factor Evaluation Matrix and a Competitive Profile Matrix?
- A) Decision stage
- B) Input stage
- C) Matching stage
- D) Output stage
The three basic "value disciplines" that can create customer value and provide a competitive advantage includes all EXCEPT?
- A) Product innovation
- B) Customer intimacy
- C) Operational excellence
- D) Focus
Adding new, but related, products or services is widely called/known as?
- A) Horizontal diversification
- B) None of the given options
- C) Concentric diversification
- D) Conglomerate diversification
Strategies that are designed to appeal customers with a special sensitivity for a particular product attribute are dependent on which of the following?
- A) Niche strategy
- B) Low cost strategy
- C) Differentiation strategy
- D) Focus strategy
All of the following are the types of resources that an organization can use to achieve its desired objectives EXCEPT:
- A) Physical resources
- B) Marketing resources
- C) Financial resources
- D) Human resources
Restructuring is also known as:
- A) Up-sizing
- B) Integrating
- C) Diversifying
- D) Delayering
Identify the effective strategy when a firm has a strong management team.
- A) Retrenchment
- B) Related diversification
- C) Unrelated diversification
- D) Horizontal diversification
What term refers to selling a division of an organization?
- A) Joint venture
- B) Horizontal integration
- C) Liquidation
- D) Divestiture
What strategies are appropriate for the divisions that fall in grow and build region of IE matrix?
- A) Defensive and diversification strategies
- B) Defensive and integrative strategies
- C) Diversification and intensive strategies
- D) Intensive and integrative strategies